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Nov 23, 2012
11/12
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the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and mo
the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the...
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Nov 26, 2012
11/12
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that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping deductions to buy down the debt. >> graham has been saying raising taxes to give politicians more money to continue spending doesn't solve any problem at all. it's not a piece of solving the problem. >> allowing tax cuts to expire generate average of $82.4 billion a year and would run the government for 8.5 days. the reality is similar to what romney laid out in the campaign. my plan is bring down rates and deductions at the same time so revenue stays in. we bring down rates to get people working. >> they are meeting with ceos, caterpillar and goldman sachs and other key players on the fiscal issues. erskine bowles, coaut
that most economists say would hurt the economy if we were to do it. >> the republicans are being confronted in the fiscal cliff negotiations about the no new taxes pledge, which of them signed. now lawmakers are pushing back. >> # $16 trillion in debt the only pledge we should make to each other is to avoid becoming brief. republicans should put revenue on the table. he agrees with grover norquist that the tax rates shouldn't be increased and says norquist is wrong capping...
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Nov 21, 2012
11/12
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he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to have to give a little to get this done. several senators mentioned entitlement reform when i asked about where to cut. >> reform doesn't mean you throw these programs out. you run them more efficiently. you look at the fraud or waste and abuse that's been identified and then you come into the revenue picture. you know. people will call me and say, we need to trim this program. good with me, but the problem is it doesn't generate the difference that you need to make here. >> nebraska senators calling for going big, tax reform and entitlement reform since those are huge lifts f
he says a compromise would prevent sudden and severe shock to our economy. if the two sides do not reach a deal, we know exactly what's going to happen. after new year's day, tax cuts expire for everybody. and deep automatic spending cuts take effect. economists say that could send us right into another recession. mike emmanuel live on capitol hill. hello, mike. >> shep, congressional sources say talks have been business like and productive and almost everybody realizes they're going to...
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Nov 24, 2012
11/12
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economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling a lot more confident this year. now if you are looking for a segment to grow even faster than 4 hers projection try online already. ibm research signature it was up 17% on thanksgiving day. 20% already for this holiday shopping season, john? >> it turns out some of those black friday deals are not all they are cracked up to be. >> some of them, according to decide incorporated which part nerd up with a news corps fellow organization the "wall street journal" they took a look at some of these bargains and came to the same conclusion that shoppers came to that they are really deal
economy could certainly use a boost of holiday shopping. so what's the outlook? >> well, there are some good signs early. one of them comes from the national association of retailers. now, their projections tend to be pretty conservative. all the same. this organization believes that as far as retailers are concerned, it's going to be a pretty good 2012 holiday shopping season. we expect sales to rise 4% this year a little lower than last year. we really believe that consumers are feeling...
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Nov 27, 2012
11/12
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that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i shop in massachusetts, a store there, i don't pay sales tax. but if that business is in california, i do. they say that it's unfair to small businesses across this country and many republic governors, believe it or not, are actually lobbying to have the online sales tax laws changed so that everybody pays tax online across the country. big revenue. >> shepard: cheryl casone fox business. thank you. some of the online bargains may be too good to be true. today the federal government and online law enforcement agencies proved it shut down more than 100 web sites selling counterfeit web sites. some set up web sit
that does help the economy. 70% of this economy, shep. >> shepard: every year at this time the matter of sales taxes not being paid in some states comes up. every year at this time some big business owners say they are trying to change that. >> actually, it's a lot of small business owners. in fact the alliance for main street businesses really trying to fight what they sees a an unfair advantage by large online companies luring away those shoppers. if i live in california and i...
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Nov 22, 2012
11/12
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i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks like they're going to get around this problem, the stock market booms. every time the negotiations stall, the stock market loses value. so everybody's going to be paying very close attention to this. rick: how optimistic are you, steve, on the chances of a deal on the fiscal cliff, and if there is a deal, what could that mean for the economy as a whole? >> well, you know, i think at the optimal outcome is not to raise taxes on anybody. i do think that if the president has his way and those taxes go up on investors and businesses, it's hard to see w
i mean, there is a kind of psychology do this economy. if people are feeling gloomy and afraid, they're not going to go out and spend. so the fact that people are feeling -- by the way, i don't want to overemphasize this because, you know, these numbers on consumer confidence, as you know, they bump up and down. but i think right now people just feeling a little bit better. but it does go back to that issue of the fiscal cliff. you notice what's happened on the stock market. every time it looks...
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Nov 22, 2012
11/12
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economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. gregg: well, thanksgiving is certainly a time to count our blessings and to help those less fortunate. but in the future tax changes could hurt those who do the most to help people in real need. jim angle joins us now live in washington. jim, you've been looking into this. what are charities really worried about ear? >> reporter: well, gregg, both the president's plan to raise taxes on the wealthy and the republican willingness to raise revenues
economy from falling off the fiscal cliff coming up next. one gop senator's proposal to rein in all of that spending and the likelihood of congress actually adopting his plan. ainsley: plus, a thanksgiving parade is underway in new york. we will have more on the sights and sounds straight ahead. going down sixth avenue. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade...
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Nov 22, 2012
11/12
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highestverage star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ [ male
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members...
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Nov 22, 2012
11/12
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money yocan still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah lou: the chief economist of moody's capital markets will be with me in a moment, before we go to john lonski we look at tonight's money like, stocks closing at a two-week high before this thanksgiving day. the dow up 48 points, s&p
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what...
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Nov 27, 2012
11/12
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we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person trying to get a job whose business does not expand because the taxes increase. people do get that. the president did run on a class warfare, class envy type of argument but he only got 40 percent of the vote in my state so my state rejected the message. >> the way it stands no with the proposals i have heard and senator john mccain could be right there could be a deal in the final hour, a way to avoid this mess, but most of the stuff i see are concessions on the part of republicans on revenue and not just avoiding a rate hike but they could feed on limiting deductions that could cost the rich more? >>guest: i a
we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person...
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Nov 24, 2012
11/12
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in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, could have a short-term impact, but ultimately the trend of higher taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concern and i think as for the fiscal cliff, no, i don't think that's what it is and as for the fiscal cliff, anybody paying close at
in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell you, don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the...
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Nov 23, 2012
11/12
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our economy create jobs. it's to move the country forward economically. >> right now our economy is still recovering from a very deep and damaging crisis. our top priority is jobs and growth. >> when it comes to the great economic challenges of the moment, saying you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> the four years of the obama administration, economic policies, they are clearly anti-business, anti-entrepreneur. they are anti-job creation. >> greta: so what about the next four years? as we stare down the fiscal cliff, are your taxes going up? well, what about those taxes? >> they are going up definitely for higher income americans. if you are in the middle-class, i think it's safe to say that taxes will not go up because politicians on both sides. president, democrats and republicans are not going to allow that to happen. >> greta: unless they put a cap on deductions which is sneaky way they raise war taxes. so tax rates don't change but they g
our economy create jobs. it's to move the country forward economically. >> right now our economy is still recovering from a very deep and damaging crisis. our top priority is jobs and growth. >> when it comes to the great economic challenges of the moment, saying you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> the four years of the obama administration, economic policies, they are clearly anti-business, anti-entrepreneur....
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Nov 28, 2012
11/12
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it will hurt our economy. that is why this is not the right approach. >> now the guy at the center of the tax storm, oklahoma republican congressman, congressman, he singled you out for calling you out. how do you feel about that? >> i like the speaker. we have a great relationship and we are able to talking directly and honestly with each other and i have no problem with it. i would expect him to express his opinion as he would expect me to express mine. >>neil: he is saying you are precaving. >>guest: that is nonsense. the reality is, tax rates go up for every american on december 31st. if we can make sure that doesn't happen for 98 percent of them and continue to fight for the other 2 percent, that makes a lot of sense and the american people will listen to us in that discussion if they know their taxes aren't going up. we will win the argument. i do believe most people understand raising tax rates is bad for the economy, it costs jobs, it actually in the long term undermines revenue. right now, everyone's
it will hurt our economy. that is why this is not the right approach. >> now the guy at the center of the tax storm, oklahoma republican congressman, congressman, he singled you out for calling you out. how do you feel about that? >> i like the speaker. we have a great relationship and we are able to talking directly and honestly with each other and i have no problem with it. i would expect him to express his opinion as he would expect me to express mine. >>neil: he is saying...
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Nov 27, 2012
11/12
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economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign t
economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we...
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Nov 27, 2012
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it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for being responsibility. accountability is accountability. >> charges i'm not blaming the retailers per se. i'm saying personal responsibility. it's about the people's behavior. but i think retailers for their own protection need to send out more of a zero tolerance policy. can't blame it on a bad economy. >> sean: there's a cultural phenomenon that whatever the it thing is -- i mentioned over the years, cabbage cats, tickle me elmo, sneakers, whatever it is, people have to have it that second. >> right. >> sean: why? >> right. well, it's obviously part
it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for...
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Nov 23, 2012
11/12
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it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and necessary things like that. why is it good? it encourages innovation, car pooling, people to kind of watch, and conserve frankly we have to think about the national security issues and conservation. >> nan: kevin, i know you don't agree with this one. >> no, i can't believe that a gas tax could be the answer to the fiscal cliff or anything else, more taxes not the answer here, and the stronger economy, but this is really a tax on the middle class, and people who drive our trucks and our car and deliver our food and everything else, this is going to tax the
it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and...
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Nov 29, 2012
11/12
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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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Nov 29, 2012
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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Nov 28, 2012
11/12
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but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a meeting between the leaders at the appropriate time. that seems like it's right now. >> it does. to me, what you are seeing with the president and the democrats, is sort of an attempt to run out the clock. i think they think they gain leverage if the pressure builds. you are hearing a lot of prominent democrats saying, we should go over the fiscal cliff and let the taxes go up, which would be a huge mis
but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to...
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Nov 28, 2012
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but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of the year. frankly you're hearing a lot of prominent democrats saying we should go over the fiscal cliff and let taxes go up, which would be a
but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing...
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Nov 27, 2012
11/12
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we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. meet the 5-passenger ford c-max hybrid. by december 22nd when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house hoped would s
we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male...
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Nov 24, 2012
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and so when it goes live in the fall of 2013 it will crush the economy. side track the worst parts now rather than waiting until it smashes the economy. >> there is it a lot of talk republicans caving in to pressure on the tax hikings. gop has to hold firm until intitlements are cut. do you think that will happen? >> i think the republicans should tell the president you have been in office four years and you won reelection and you put specifics on the table and how you will feeldeal with the issues. why are the republicans always suppose tod do concessions in advance instead of the white house being a forth coming and true negotiation. republicans should call him on that and if he is notwilling to do what republicans should do. we'll suffer the consequences. but you must put something realistic on the table instead of the junk so i hate to use such a strong word. but idea of massive tax increases in the upper income lemps when it is it still shaky. rescission in europe and jap japan in recession. it just unimaginable that they self inflict the harm on the
and so when it goes live in the fall of 2013 it will crush the economy. side track the worst parts now rather than waiting until it smashes the economy. >> there is it a lot of talk republicans caving in to pressure on the tax hikings. gop has to hold firm until intitlements are cut. do you think that will happen? >> i think the republicans should tell the president you have been in office four years and you won reelection and you put specifics on the table and how you will feeldeal...
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Nov 24, 2012
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the survey-- i'm happy to hear people are more positive and i want the economy to recover. the question really is, what has changed since the election? because we still have very high unemployment and you know, today, it was announced that 80 new regulations were put in place by the obama administration and when these people hear new regulations what that means is a slowdown. every time you hear regulations that means you have to hire lawyers and consultants and the question, what is making this economy better and quite frankly, arthel, i think it has to do with the idea there hasn't been a major negative jolt to the economy and that's why people are feeling better. >> arthel: and in the survey you're talking about analysis for bloomberg associated the associated press and consumer according to that analysis, hey, we're optimistic the economy is going to improve in the next 12 months, but you say, ed, that the folks who get it are concerned about the future of this country. so, what are those guys on the other side, who are wearing the rose colored glasses, what is it that
the survey-- i'm happy to hear people are more positive and i want the economy to recover. the question really is, what has changed since the election? because we still have very high unemployment and you know, today, it was announced that 80 new regulations were put in place by the obama administration and when these people hear new regulations what that means is a slowdown. every time you hear regulations that means you have to hire lawyers and consultants and the question, what is making...
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Nov 28, 2012
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and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two members whose birthdays are either today or tomorrow, rich, happy birthday to you, rich. that is tale today. and janet napolitano's birthday is tomorrow. guys, thank you. we want to get back to work. thank you, guys. could not be prouder of the job that susan rice has done. >>shepard: very rare for the president to take a question and actually answer it at the end of one of those. you heard him say in the past it would be a precedent to answer a question now because that would make people scream at me all the time with questions. he must have used this question as
and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two...
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Nov 23, 2012
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they spent between the romney campaign, super pac, alludes to a president with a failed economy, horrible unemployment numbers and shouldn't have been that difficult. >> and the republicans do revert back and try and say that we should try to get everyone get along and that wasn't president obama's approach. >> what i've learned from the results of this election is if i was somebody trying to get mitt romney elected tell the biography, this is one of the best biographies and resume's to return for president, i would have spent time even if it goes over a guy like mine's head, tell us about the companies and things you've done for people. and in the 30's, people were wondering you, how are you going to support four kids, and you found time to be a bishop in a church. and yes, the word mormon may have come up. >> and they broke the rule, you define yourself positively first, they allowed the obama people to define them for months, why they didn't put on the bio spot for me one of the greatest questions in politics. >> because the buyo spot. >> do you agree? >> absolutely right. and he has a
they spent between the romney campaign, super pac, alludes to a president with a failed economy, horrible unemployment numbers and shouldn't have been that difficult. >> and the republicans do revert back and try and say that we should try to get everyone get along and that wasn't president obama's approach. >> what i've learned from the results of this election is if i was somebody trying to get mitt romney elected tell the biography, this is one of the best biographies and...
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Nov 28, 2012
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we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house hoped would smooth susan rice's nomination, but the republican lawmakers set a stage for showdown over the ambassador comments following the benghazi attack. senator john mccain, lindsey graham, kelly ayotte of new hampshire met privately with her today. it did not go well. listen. >> bottom line, i'm more disturbed now than i was before. information given the american people was wrong. ambassador rice said it was wrong and to be clear, if you are an ambassador to the united nations you go well beyond the unclassified talking points in the daily preparation for that job. >> we are significantl
we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house...
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Nov 23, 2012
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americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that same service of optimism that brings us together today should inspire us all year round and why here in washington dc republicans reached out to president obama in the hope to help our economy grow and solve the debt that threatens our children's future. >> if a deal is not reached on the fiscal cliff tax cuts will expire on january 1st. back to black friday. unfortunately fights already breaking out. this was the scene in indianapolis a few hours ago. police were called in to break up fights. shoppers waited in line to receive vouchers for plasma tvs and learned that some of the people were selling vou
americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that...
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Nov 25, 2012
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we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points. hispanics by 44 points. young people by 23 points. does your party need to change, especially in its outreach to those groups on social issues like same-sex marriage and immigration reform? >> we have to have a bigger tent. no doubt about it. obviously we have to do immigration reform. there's no doubt whatsoever that the demographics are not on our side and we have to give a much more positive agenda. it can't be just being against the democrats and against harry reid and against obama. you have to be for things. we have to give them the con
we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points....
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Nov 26, 2012
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it will hurt the economy. let's get over this. we'll know how the next four years will go by the way the month goes. this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you -- go ahead. >> dana: i'm listening and i'm thinking set aside politics for a second and say that you could get the money you wanted. in a different way. limiting deductions. limiting deductions. not talk about the spending. why wouldn't you take that deal? if you get the same results, why not do it? temporary measures have not worked. it seems that they are being, i understand they are in negotiations but again, doing something just because it works politically does not make necessarily for good policy. i think unfortunately we have come back to bite t
it will hurt the economy. let's get over this. we'll know how the next four years will go by the way the month goes. this is new barack obama. but if he back aceway and says call me if you get a deal we're in trouble. >> the president made clear he will not sign a bill that extends the bush era tax cuts or those making more than $250,000. math tells us that you can't get the kind of balanced approach you need. without having rates be part of the equation. >> eric: i have to ask you...
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Nov 23, 2012
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retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was exciting to see. >> reporter: how big an indicator is that for your holiday season how well you do today? >>' a great indicator it shows the consumer is looking and liking what we have to offer so we feel great about what this means for the future. >> reporter: do you need to hope this gives you momentum as far as your retail sales the rest of the holiday period? >> it's proven to be the best day of the year and it's an indicator of things to come. >> reporter: you have what's called kohl's cash which helps stretch people's purchasing power. >> for every $50 you
retailers battered by bad economy eeg tear reel them in. steve brown is amidst the crowds in chicago. it doesn't look too bad. >> reporter: let me show what we have got in this one spore temperature this is a kohl's store. it's a midwest chain about it many a substantial entity of its own. it helps consumers stretch a dollar. >> the momentum started off strong and we feel about what's happening right now, it continued throughout the day. there were 500 people this morning so it was...
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Nov 23, 2012
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it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting testing the cease-fire between israel and hamas and now a new wrinkle, the latest from the middle east and how turmoil in egypt could shake things up. you think the black friday sales are good deals? think again. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the pr
it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting...
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Nov 24, 2012
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fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the lawmakers right now whether you're a democrat or a republican, this should be priority number one, it's when john boehner had the new freshman tea partiers come in in 2010 and facing the debt ceiling, he characterized the first adult moment for the new freshmen congressmen and i think this is the second adult moment. can we get beyond party politics and rigid ideology and come with a compromise that will benefit the american people? we need both to look seriously at spending cuts and revenue generation for the country right now. >> all right, so let's-- >> and let's put a couple of ideas on the table and angela, i'm surprised you would say obamacare should not be on the block, and what do you think should be on the block? what kind of-- i
fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the lawmakers right now whether you're a democrat or a republican, this should be priority number one, it's when john...
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Nov 21, 2012
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economy. which is flat out false. in 1992 the black unemployment rate was 14.3%. in 2012, this year, the black unemployment rate is 14.3%. exactly the same. in hispanic precinct, the situation similar. this is about a dramatic change that is overwhelming the united states of america. not economic ma lace. when you have more than 100 million americans living in a home receiving stuff from the government, again, outside of medicare and social security, we're not counting that -- then you have a large dependence on the federal government. and what does that do? well, it saps motivation. why bust your tail when the feds will give you enough to get by? america became great because of individual self reliance, hard working people took chances, suffered, created things that helped the country. every day americans empowered this nation. not the federal and state governments. they're in place to protect us and to see that social order is kept. not to provide cradle to grave security. the founding fathe
economy. which is flat out false. in 1992 the black unemployment rate was 14.3%. in 2012, this year, the black unemployment rate is 14.3%. exactly the same. in hispanic precinct, the situation similar. this is about a dramatic change that is overwhelming the united states of america. not economic ma lace. when you have more than 100 million americans living in a home receiving stuff from the government, again, outside of medicare and social security, we're not counting that -- then you have a...
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Nov 22, 2012
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> we should be very careful not to go over the cliff because we will have a negative affect on this economy and on employment. >>neil: an idea of how much is at stake and who pays for this, i am telling you at this rate, everyone will pay. every single american family will pay. >> this has implications for every american family, 90 percent of families in america will pay higher taxes, and a reduction in income of $3,500 per american family. we talking about an income loss of 6 percent after taxes, the largest income loss since the 1940's, huge implications and politicians are going to have to, for once, act in a bipartisan manner to try and fix this. >> the people are ready for someone to tell them the truth instead of this mush that they can get this done without touching precious medicare, precious medicaid, precious social security, and precious defense, those people are phony. >>neil: they are afraid. they will take their money off the table. they are afraid. >> business is not a good environment. there is no reason for any businessman to want to grow its business, advance its business,
> we should be very careful not to go over the cliff because we will have a negative affect on this economy and on employment. >>neil: an idea of how much is at stake and who pays for this, i am telling you at this rate, everyone will pay. every single american family will pay. >> this has implications for every american family, 90 percent of families in america will pay higher taxes, and a reduction in income of $3,500 per american family. we talking about an income loss of 6...
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Nov 27, 2012
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in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then hold out for that job that may not be out there. so have a definite cuttoff date. people know they may have to take something they don't like at the beginning but that all focuses on we have to focus on getting this economy back on its feet. that is something that seems to beyond the capability of washington right now. bill: if you would argue for extending unemployment benefits, in all likelihood a guy like steve forbes will argue to get spending cuts to offset that increase? but there has not been a desire shown by washington, you know, to cut the spending to make the books matc
in terms of the economy, don't do it in the macro thing to help the economy. no. focus does it enable people to get through a rough patch and get people back on their feet. bill: or do you take the other argument and suggest the more unemployment you receive the less incentive it is for someone to actually find a job? >> well, the benefits are not overly generous on this thing but the key thing to keep in mind is, yes, you don't want these things to go on forever because people will then...
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Nov 22, 2012
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. >> bob: the free market did a wonderful job to keep the economy on track, hasn't it? >> greg: opposed to socialnism >> bob: opposed to misguided management. >> dana: even when the employees vote to not be in the union the union does this on their behalf. that is what we're supposed to believe. unions are feeling their oath. if romney would have won, they would have done it as well. the unions are declining so much with people part of them they trying to do what they can. they risk losing in court of public opinion. earlier today, they sat in sixth avenue to proest he had to come to work today. everyone was yelling at him and saying ridiculous. get up and get to work. >> greg: union of one. >> bob: you make a good point. the union membership declined dramatically. i don't know what you are worried about. you a right for a union and collectively bargain. >> greg: we have a right to travel. >> dana: you talk about prime minister benjamin netanyahu would risk going too far and losing support in the international court of public opinion. do you not agree that the union is
. >> bob: the free market did a wonderful job to keep the economy on track, hasn't it? >> greg: opposed to socialnism >> bob: opposed to misguided management. >> dana: even when the employees vote to not be in the union the union does this on their behalf. that is what we're supposed to believe. unions are feeling their oath. if romney would have won, they would have done it as well. the unions are declining so much with people part of them they trying to do what they...
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Nov 27, 2012
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could be wrong but i don't believe that's going to help the economy very much. however, the president is going to do the social justice thing no matter what. in texas, the government does not believe that redistributing income is its responsibility. all does not believe that you should micromanage the lives of its citizens. if you are dumb enough to ride a motorcycle without a mel helmet and you wind up in a cemetery it's your call. trust me nobody is banning 16-ounce soft drinks in waco. again it goes back to everybody has a gun. in california, and the federal government if koop after -- if california and the federal government keep spending the way it's been spending both will go bankrupt before they leave office. very true. tax scheme bubbling under the surface so-called wealth tax, in france, spain, iceland, switzerland they taxed net word of wealthy people every year. doesn't matter if you earn anything, or you get income or dividends, doesn't matter. if you have assets, house, gold, car, whatever, those governments are going to take some of that. uber libe
could be wrong but i don't believe that's going to help the economy very much. however, the president is going to do the social justice thing no matter what. in texas, the government does not believe that redistributing income is its responsibility. all does not believe that you should micromanage the lives of its citizens. if you are dumb enough to ride a motorcycle without a mel helmet and you wind up in a cemetery it's your call. trust me nobody is banning 16-ounce soft drinks in waco. again...
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Nov 27, 2012
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, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in the future of the economy, you liberate the money in private enterprise hands, that's how you get growth. there is a fundamental disagreement here about how you get growth. in the past the way we've got even growth in america is to liberate private enterprise, let the private sector get out there and grow, that has given us 4, 5, 6/% growth rates coming out of recessions in the past. this time around we've used more government spending and it hasn't worked. megyn: it's an interesting shift we're seeing. dick durbin said look at the disparity between what a navy seal earns and a hedge fu
, and, you know, that will help revive the economy and reduce the deficit and so on. that is something on which democrats and republicans agree. the question is, how do you do that? >> well the difference here is the left thinks that more government spending, so-called investments in infrastructure and e and and ed indication will stimulate the economy and give us growth. it has not worked in the past. republican -ts think you stimulate private enterprise, you create more confidence in...
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Nov 29, 2012
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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Nov 26, 2012
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>>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it would kill 700,000 jobs off the bat, probably worse. the other thing is to eliminate $1 trillion, not talking about a few deductions, but talking about $1 trillion worth of deductions and credits which is what the other team wants. if you do this you have killed tax reform for a generation. how do you get the rates down if you don't have the deductions and credits. what obama is hoping to do is raids spend the money, kill tax reform for individuals. >>neil: what do you do, the house majority leader and others, talking increasingly about this as an option despite what you are saying, are you going to want to exact punishment on them in two years? >>guest: it is, there have been some folks whose pictures you put up there some of them have engaged in impure thoughts and they have not actually voted for a tax increase, be clear. cantor and speaker boehner have said they want revenues from economic growth.
>>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it would kill 700,000 jobs off the bat, probably worse. the other thing is to eliminate $1 trillion, not talking about a few deductions, but talking about $1 trillion worth of deductions and credits which is what the other team wants. if you do this you have killed tax reform for a generation. how do you get the rates down if you don't have the...